TMI BlogDepreciation on goodwill - The consolidated payments made by assessee over and above net assets acquired...Depreciation on goodwill - The consolidated payments made by assessee over and above net assets acquired by it under a composite contract in the present case before us, in our considered view is towards goodwill and non compete agreement - Depreciation allowed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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